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Oil and Renewables

Oil and Renewables latest

Shell company building
July 30th, 2026 - 09:20 GMT
P. Choiaqo

P. Choiaqo

Shell records more than double profits as war rages in the Middle East

ALBAWABA - British oil and gas company Shell has seen its profits more than double compared to the same period last year as oil prices surge amid Strait of Hormuz conflict between the U.S. and Iran. The company’s net profit hit $9.84 billion dollars in the second quarter of the year after Brent oil prices jumped from $60 a barrel in January to $114 in early May at the peak ...
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Political instability hurts the Egyptian gas industry
February 24th, 2013 - 04:00 GMT

Russia no longer cooking on Egyptian gas

Israel has awarded its first license to drill for oil in the occupied Golan Heights
February 21st, 2013 - 11:14 GMT

Israel awards Golan Heights oil license

New electricity meter are being installed across Yemen
February 21st, 2013 - 10:53 GMT

Yemeni to get prepaid electricity meters

Jordan plans to launch its first private sector renewable energy initiative
February 21st, 2013 - 09:05 GMT

Jordan to launch privatised renewable energy projects

Saudi Arabia expects to raise its output in the second quarter to satisfy higher demand from China and drive economic recovery elsewhere
February 21st, 2013 - 08:16 GMT

Saudi oil supply helps maintain prices

Jordan's sole producer of postash denies reports that it is considering importing Israeli gas
February 21st, 2013 - 08:06 GMT

Jordan denies plans to import Israeli gas

Dubai has no plans to privatise key utilities, according to the head of DEWA
February 21st, 2013 - 04:00 GMT

No plans to privatise utilities in Dubai

Emirates National Oil Company
February 20th, 2013 - 10:58 GMT

ENOC explores self-service option across its fuel station network during late-night operating hours

Jordan's decision to cancel winter time saved the Kingdom $7 million, according to the country's Energy Minister
February 20th, 2013 - 10:34 GMT

Cancelling winter saved Jordan $7 million

UAE subsidises about 68 per cent of the cost of gasoline
February 20th, 2013 - 07:54 GMT

Laughing all the way to the gas station: UAE has fifth cheapest petrol in the world

The gas facility at the centre of the Algeria hostage crisis is set to restart production on February 24
February 20th, 2013 - 07:49 GMT

Algerian hostage gas site to restart production

Al Bawaba
February 20th, 2013 - 07:43 GMT

Kuwait Energy announces year-on-year increases in revenue, production and profits

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